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Karat Packaging KRT Business Segments — Net Income

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Other financials

Income statement

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Revenue$136.3M+9.9%
Gross profit$77.2M+57.1%
Operating income$37.6M+127%
Net income$29.3M+168%
EPS (diluted)$1.46+170%

Balance sheet

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Cash & equivalents$38.4M+25.7%
Total debt$84.8M-14.7%
Total equity$166.5M+6.8%
Total assets$316.8M-1.3%

Cash flow

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Operating cash flow$33.2M+240%
CapEx$56.0K-66.5%
Free cash flow$33.1M+245%

Valuation

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Market cap$940.09M+83.3%
Enterprise value$986.54M+69.6%
P/E18.7×+2.7×
P/S1.9×+0.7×

Profitability

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Gross margin40.7%+1.5pp
Operating margin12.8%+3.1pp
Net margin10.2%+2.9pp
FCF margin11.3%+1.2pp

Returns & leverage

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Return on equity31.2%+10.7pp
Debt / equity0.5×-0.1×
Current ratio2.3×-0.4×

Where this comes from

Reported directly by Karat Packaging in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Karat Packaging’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001758021-26-000026
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total other income (expenses), net1,424(2,039)2,342(923)
Income before provision for income taxes39,02614,51148,40823,447
Provision for income taxes9,3773,45911,6185,580
Net income29,64911,05236,79017,867
Net income attributable to noncontrolling interest318118718524
Net income attributable to Karat Packaging Inc.$29,331$10,934$36,072$17,343
Basic and diluted earnings per share:
Basic$1.47$0.55$1.81$0.87

Item 1. Financial Statements

FAQ

What is Karat Packaging's business segments — net income?
Karat Packaging (KRT) reported business segments — net income of $29.65M in Q2 2026.
How has Karat Packaging's business segments — net income changed year-over-year?
Karat Packaging's business segments — net income increased by 168.3% year-over-year, from $11.05M to $29.65M.
What is the long-term trend for Karat Packaging's business segments — net income?
Over 2 years (2023 to 2025), Karat Packaging's business segments — net income has grown at a -0.8% compound annual growth rate (CAGR), from $33.18M to $32.66M.
What does business segments — net income mean?
This represents the final bottom-line profitability of the reportable segment after accounting for all revenues, operating expenses, taxes, and non-operating items. It is the primary indicator of the segment's overall financial health and value contribution to the parent company.

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